City

PMLA Case: ED Attaches Assets Worth Rs 19.67 Cr Of Bhubaneswar-Based GDS Builders

By
OB Bureau

New Delhi: The Enforcement Directorate (ED) on Monday informed that it had attached movable/immovable properties worth Rs 19.67 crore of Bhubaneswar-based GDS Builders Pvt Ltd, its director Uma Sankar Patro and others under Prevention of Money Laundering Act (PMLA) , 2002.

These include 57 immovable assets to the tune of Rs 19.57 crore spread over Puri and Bhubaneswar and bank balance & mutual fund balances worth Rs 9.49 lakh.

On May 18, the ED seized gold jewellery weighing 1.978 kg worth Rs 1.13 crore during raids on eight residential and commercial premises in Bhubaneswar in connection with a bank fraud case pertaining to GDS Builders Pvt Ltd, Surnag Builders Pvt Ltd, and others. Cash amounting to Rs 15 lakh, sale deeds of certain properties, various incriminating documents and certain electronic devices were also recovered.

OB Bureau

Recent Posts

Another Stone Falls From Jagannath Temple At Khallikote In Odisha’s Ganjam

Berhampur: A stone weighing 2 kg fell from the ‘Singhadwara Gumuta’ of the Lord Jagannath…

November 14, 2024

Sunita Williams Dismisses Rumours About Weight Loss, Explains Her ‘Sunken Cheeks’

New Delhi: Recent pictures of Space Station Commander Sunita Williams from the International Space Station…

November 14, 2024

Payal Rohatgi Calls Out Rupali Ganguly For Dating A Married Man

Mumbai: Actress Rupali Ganguly recently filed a Rs 50 crore defamation case against her stepdaughter…

November 14, 2024

National Hockey: Odisha To Clash With Manipur In Semifinals

Chennai: Odisha will face Manipur in the semifinals of the 14th Hockey India Senior Men’s…

November 14, 2024

India To Push Canada For Extradition Of Arrested Khalistani Terrorist Arsh Dalla

New Delhi: India will again ask Canada for the extradition of designated Khalistani terrorist Arshdeep Singh…

November 14, 2024

School Dropout From West Bengal Arrested For Practising As Ayurvedic Doctor In Odisha’s Berhampur

Berhampur: Police have arrested a man from West Bengal for allegedly claiming himself to be…

November 14, 2024

Manoj Bajpayee Recalls Staying In ‘Hell’, Experiencing Starvation

Mumbai: Carving a niche for himself in Bollywood was not a cakewalk for ‘The Family…

November 14, 2024

After Disapproving Of Ranveer, Mukesh Khanna Rejects Tiger Shroff For ‘Shakitmaan’

Mumbai: Mukesh Khanna’s Indian superhero series ‘Shaktimaan’ has been making headlines for quite some time…

November 14, 2024